What is long-term disability insurance?

(1 point)
Responses

It is often sponsored by the employer as part of benefits and provides income protection to an employee while they cannot work for a short time.
It is often sponsored by the employer as part of benefits and provides income protection to an employee while they cannot work for a short time.

It is used to protect income in case of illness or injury for people younger than 65 who are unable to work for at least a year.
It is used to protect income in case of illness or injury for people younger than 65 who are unable to work for at least a year.

It covers the employee’s income and medical costs when they are hurt on the job and are unable to work.
It covers the employee’s income and medical costs when they are hurt on the job and are unable to work.

It is either employer sponsored or individually purchased and provides income protection if an employee becomes unable to work for a long period of time due to illne